Conclude contract and trade terms

Case Study

Title: Import of Wheat from India to Bangladesh, 2014

Corridors and Routes: Through Port of Chittagong

Trade Product: Wheat

Trade Type: Import

Process Analysis: Import to Bangladesh

Exporting Country: India

Importing Country: Bangladesh

Category: Contract between seller and buyer

Country and Procedure Description: Buy/Conclude contract and trade terms
(Import to BDG from IND/Wheat)

Related Rules, Laws and Regulations:

Actors and Participants: - Importer
- Exporter or representative

Input Criteria to Enter or Begin the Business Process: -Importer has a list of potential wheat exporters.

Activities and Associated Documentary Requirements: 1. The importer contacts local agent of Indian exporter to query about the market price of wheat in India. 2. The Indian exporter may also directly communicate with the importer. In this process importer collects the contact details of the exporter. 3. The Importer asks the exporter to send samples. 4. Exporter collects various types of products and sends sample products to importers. 5. The importer chooses the right quality from the samples of wheat sent by the exporter. If none of the samples is acceptable, the importer refuses to import. 6. Exporter negotiates on quantity and price and accordingly send proforma invoice and draft sales contract to the importer. 7. The importer signs the sales contract and proforma invoice and sends back to the exporter.

Output Criteria to Exit the Business Process: -Exporter receives the signed proforma invoice.

Activity Diagrams:

Number of Required Documents: 2

Minimum Required Time:

Maximum Required Time:

Average Required Time: 5

Minimum Cost:

Maximum Cost:

Average Cost: